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8/13/2014 11:26AM

U.S. Military Considers Yazidi Rescue Mission, and More

What's News: The U.S. is weighing a military mission in Iraq to rescue Yazidi refugees. The SEC launches a broad examination of alternative funds. U.S. retail sales stall in July. Lee Hawkins reports. Photo: Getty Images

This transcript has been automatically generated and may not be 100% accurate.

... U S military Molson international rescue mission ... this is what's new is on WS J live I'm Lee Hawkins ... the US is weighing a military mission in Iraq to rescue thousands of UCB refugees a move that risk putting American forces in direct confrontation ... with Sunni fighters for the Islamic State ... the proposal was still under development and hasn't been approved ... by President Obama ... us officials say the rescue mission is one of the many options the U S military has waned ... after dropping food and water to dying refugees over the past six days ... the Securities and Exchange Commission is launching a broad examination of alternative funds people familiar with the so-called fronts we ... stayed in close examination of large investment firms such as BlackRock teams and AQR Capital Management ... but also smaller firms that didn't previously offer mutual funds ... alternative funds are one of the hottest and most controversial investment products ... offered to small investors shooting at US retailers is stalling it's the latest sign of fragile consumer demand that could lead the economy on shaky ground in the second half of the year ... retail sales are basically flat at zero point one percent excluding autos sort of the expectations of zero point four percent ... this our retail report is coming after the past six months of the strongest sustained stretch of hiring bite us employ years since two thousand feet ... for more into follow the stories tune in to WS J live or go to Des beest dot com I'm